On Our Radar

On Our Radar

Utilities ETFs In Fed Focus Again

The Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities sector exchange traded fund, is up about 8.1% year-to-date. That performance is solid when considering investors have preferred growth and momentum stocks and when noting the Federal Reserve has increased interest rates twice in 2017. As is widely known, the Federal Reserve holds its July…Click to read more at ETFtrends.com.